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Abdul Mbaye

Abdul Mbaye

Introduction

About

ABDUL MBAYE

Abdoul Mbaye, a prominent figure in Senegalese politics and banking, was born on April 13, 1953, in Dakar, Senegal. His father, Keba Mbaye, a distinguished judge, held several esteemed positions within Senegal's legal and international community, including serving as the first president of the Supreme Court of Senegal and as a member of the International Olympic Committee and the International Court of Justice. Abdoul Mbaye grew up in a family of three brothers and five sisters, including his brother Cheikh Tidiane Mbaye, who later became the CEO of Sonatel, a major telecommunications company in Senegal.

Mbaye pursued his education both in Senegal and abroad. He studied at the University of Dakar and later attended prestigious institutions such as HEC Paris and Paris-Sorbonne University in France. Additionally, he obtained a degree from Cheikh Anta Diop University, further enhancing his academic credentials.

In 1976, Mbaye embarked on his professional journey by joining the Central Bank of West African States, where he initially worked as an economist in the research department. His career took him to the International Monetary Fund, where he served as the Director of the Division of Planning in 1981. Throughout his career, Mbaye's expertise extended beyond Senegal, as he also spent time working in Ivory Coast.

Mbaye's contributions to the banking sector in Senegal are noteworthy. In 1982, he assumed the role of CEO at Banque de l’Habitat du Sénégal, marking the beginning of his impactful leadership in financial institutions. He played a pivotal role in the restructuring of BIAO-Sénégal in 1990 and later served as the CEO of the re-modeled Compagnie Bancaire de l'Afrique Occidentale. Under his leadership, the bank spearheaded initiatives such as the first company leasing in Senegal and the establishment of the first investment fund in West Africa.

Throughout his career, Mbaye held various influential positions within banking associations and institutions. He served as the president of the Federation of Associations of Banks and Financial Institutions of the West African Economic and Monetary Union, as well as the Senegalese Professional Association of Banks and Financial Institutions. Additionally, he led Attijari Bank Senegal, a subsidiary of Attijariwafa, overseeing its turnaround as the head of a consortium.

Mbaye's expertise was not limited to the private sector, as he also contributed to policy development and regulatory frameworks. He collaborated with the International Monetary Fund on crafting regulations for investment funds in West Africa and served as an administrator at the African Finance and Investment Group.

In April 2012, Mbaye's career trajectory took a significant turn when he was appointed Prime Minister of Senegal by President Macky Sall, following Sall's victory in the presidential election. Mbaye assumed office on April 5, 2012, succeeding Souleymane Ndéné Ndiaye.

As Prime Minister, Mbaye formed a government consisting of 25 members, including representatives from opposition parties that supported President Sall's candidacy in the election. This inclusive approach aimed to foster unity and collaboration within the government.

Abdoul Mbaye's tenure as Prime Minister was characterized by his technocratic approach and commitment to advancing Senegal's development agenda. Although his time in office lasted until September 2013, his contributions to Senegal's banking sector and his brief but impactful tenure as Prime Minister solidified his legacy as a respected figure in both politics and finance.


Reference:

https://en.wikipedia.org/wiki/Abdoul_Mbaye

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